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of such a mission. secretary of state clinton is nonetheless talking very tough calling for assad to step down as the obama administration has done for the past 15 months, but refusing, still, to detail which consequences those would be. >> we will explore with like-minded countries what more we can do to bring the conflict to an end, but that will require the assad regime making the decision to participate in a political transition, ending the violence against its own people, and we hope that they do so because we believe, as you know, that their fall is inevitable, but it's a question of how many people will die until that day occurs. lou: the violence, and morsi protesters in the street, and large scale clashes, worst of the violence since morsi proposed his powers. a third of the aides resigned now, and more than 225 injured in the clashes since they broke out. turning to the president and his views, steering clear of my public statements on egypt or morsi or the administrations, but jay carney responded to a question on the administration's actions on the turmoil, a scripted response that
. a farewell for hillary clinton. i'm fighting a fiscal cough, so pardon that. if it's always darkest. it's clear the white house-re house-republican leaders, both sides appear to be very far apart, saluting kennedy center honorees from dustin hoffman to led zeppelin and hitting the golf links with former president bill clinton. the guy with whom he will have to make a deal to end the standoff on the fiscal cliff house speaker john boehner requested time on fox news to publicly declare the president's opening bid a nonstarter. >> i was flabbergasted. we're nowhere. >> treasury secretary tim geithner did the full ginsberg with taped appearances on all five shows. nothing will happen until budget tax rates and the ball is now in their court. >> the only thing that stands in the way of a deal right now is if a group of republican members decide there have been a block because they can't afford the wealthiest 2% of americans. >> how much is theater and how much are the two sides locked into positions that remain far apart? the president's plan called for higher tax rates on the wealthiest ame
to hillary clinton with a ringing endorsement. you'll want to see this video. michael tomasky on whether hillary clinton will make a run for the white house. share your thoughts on facebook and on twitter. we're coming right back. >>> welcome back to "the ed show." thanks for watching tonight. republicans are doing a lot of maneuvering on the fiscal cliff. president obama and the democrats have put forward a plan relying mostly on raising more revenue from the wealthiest 2% of the country. republicans rely mostly on cuts affecting the middle class and the poor and republicans aren't specific about how they get $800 billion in revenue. for the conversation, let's turn to richard wolffe, msnbc political analyst and vice president and executive director of msnbc.com. and molly ball, political reporter for "the atlantic." the republican proposal includes ryan's voucher program for medicare. we're not even a month away from the election and they are throwing up on the wall everything that was rejected. why are they doing this? >> well, i can tell you why they think they have a mandate. they a
to return to clinton era levels. obama's nemesis as he often told us are millionaires and billionaires. so why not urge that the higher tax rates be applied only to those with incomes of $1 million and not the couples earning more than $250,000. now, i'm talking pure politics, not equity in this case. can they hang their hat on the fact, okay, you're against millionaires, we'll take back their cut for the millionaires? below that they have to get the deal. >> the problem with this is chuck schumer and other senate democrats tried to offer this to republicans last time. remember the last time we did this they rejected it. >> it works for them now. they can say all we want is the schumer deal. >> right now they don't have the leverage to get the schumer deal. they rejected the schumer deal. they don't have the leverage to get it. >> here we disagree. i think they may have a case. if the bogey man is the millionaire -- >> i think that's where it's going to end up. i think that's the flektability in the negotiations at the end is over to whom the higher rates apply. >> but they don't raise tha
clinton. how much do you think fiscal cliff was coming up during their golf rounds? >> i'm sure they talked about it because president clinton is a political wonk. what bill clinton showed during his presidency is that there's a way to show common ground with republicans who hate you. they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive to do that. >> big news. stand by. my thanks. in need to pass along this breaking news from across the pond. we're just learning that prince william and kate middleton are expecting. this is news from clarence house. they will be having their first baby. nbc news is working further to confirm this but the rest
clinton. >> -- i'll ask michael if this was the first campaign video for decision 2016. >> good to have you with us, folks. thanks for watching. john boehner is hanging on to their ideological hats. the latest attempt to change the conversation is a plan the american people rejected a month ago. the republican counteroffer to the white house plan relies on $800 billion. the plan does not raise any tax rates on the top income earners. it also contains $600 billion in health care cuts. who has been for that? nobody. there are $300 billion in cuts in mandatory government programs and another $300 billion in cuts to agency budgets and discretionary spending. the speaker's office sent a letter outlining the plan saying new revenue would be generated through pro-growth tax reform that closes special interest loopholes and deductions while lowering rates. oh boy. it's the mitt romney plan again. the offer letter actually described the proposal as the bowles plan. republicans say the plan is based on the outline for the debt commission co-chair. the approach outlined in the letter speaker boehn
of an interventionist than hillary clinton is pillar clinton adulate at low. susan rice would be more of a humanitarian interventionists. >> we know that the talking points given by the intelligence community were altered, and we still don't know who offered them and why. -- who atlered them and why. maybe the administration allowed them to continue to sit at al qaeda is still on its heels and everything he said in charlotte. how do you get to that story when we know that the intelligence community said something else? it was changed pretty who did it? that is the scandal. >> who lost china? >> the u.n. votes for palestine as a non-voting observer state. >> progress cannot be made by pressing agree voting button in this hall, nor does passing any resolution to create a state where none exists or change the reality on the ground. >> speaking of susan rice, there she is, the u.n. ambassador to the general assembly voted on thursday by a large amount and to upgrade palestine from its status as an observer entity to an observer state. the united states opposed this, as you just heard from susan rice. why i
to eveningnd la. we are told that maybe we will go back to the clinton era taxes. now obama says it would be less than that, and that was at 39%. it is not even in the same ballpark. what did you not like about the clinton era, the pace or the prosperity and i look like a human anvil. >> so you want to go back to the clinton -- >> what was wrong with that? >> i would say let's go to the clinton era of spending. the last clinton budget was $1.7 or $3.8 trillion. i am not that good at math, but that is almost double. how do you like them apples, bill some. >> who took those apples and made us heavily in debt? >> ending big government as we know it, that's not going to happen under obama. he will get the taxes and go right on spending, bill. >> i don't know. he said he wouldn't. >> let's not gang up on bill. she turned christmas cheer into a cruel jeer. a louisiana woman rigged her lights to look like a middle finger. apparently a mess seeming to her neighbors over some dispute. probably a recipe or something. cops told sara henderson that the display was involved in obscenity laws. but then
like ronald reagan who understand this principle. bill clinton famously said the era of big government is over and the end of wel welfare as we know it. why? because government is not the answer. government is the problem. there was that other iconic democrat, the one that occupied the oval office in 1962. he spoke of the benefits of cutting taxes. president obama, i hope you're watching this. >> this can be the most important step we could take to prevent another recession. that is the right time to make tax cuts both for your family budget and the national budget. resulting from a permanent basic reform and reduction in our rate structure, a creative tax cut creating more jobs and income and eventually more revenue. it will include an across the the board top to bottom cut in both corporate and personal income taxes. the billions of dollars this bill will place in the hands of the consumer, and our businessmen, will have both immediate and permanent benefits to our economy. every dollar released from taxation that is spent or invested will help create a new job and a new salary and t
the global economy" you served as an adviser to the clinton global initiative. what are you advising them on? >> thank you asking me that question. i was there at last three days. and i've been working with them for the last three years, the reason i'm thanking you is that i really appreciated that affiliation. they have a wonderful platform there, and the advicers on the program what sort of things to future, what sort of people bring new idea, and challenge that audience to think about very different ways to engage the world. it's particularly relevant because in every participant's bag, as they register for the clinton global initiative they received a copy of "time" magazine which president clinton had authored an essay titled "the case for optimism" and at the clinton global initiative this year chelsea clinton lead a session entitled "case for optimism." she was interviewed by charlie rose. that was the focal point of the interview. i'm with that message. focused on finding collaborative solutions to world's greatest challenges. we have a lot of great challenges. we don't address those
. plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." e emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. get to holiday fun faster energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they
. and patrick murphy will enter the war room. and then how about that, clinton for mayor. win tower for ambassador? we'll separate the pipe dreams from the possible. it's "the war room" on tuesday night. we're justststststststststststststststststststststststststst you know who is coming on to me now? you know the kind of guys that do reverse mortgage coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays
hillary clinton has a new bff. here she is with meryl streep doing a cell to at the dinner and had a good time. both of them. >>> to politics now where nbc news has confirmed congresswoman debbie wasserman-schultz will remain dnc chairwoman. two sources say president obama will ask the dnc to sign off on his choice in january. >>> everyone is waiting to see if the president will nominate u.n. ambassador susan rice to be the next secretary of state. she's had her defenders and detractors. both were on the sunday shows. >> it is terribly unfair that she should be the scapegoat for this when really the failures ought to be at the lap of the head of the intelligence community that produced those talking points but none of these guys will say a word about david petraeus. >> when it comes to citizen rice, as far as lind jay graham is concerned i find great fault with what she said on 16th september and in other areas i find her lacking when it comes to being the best choice for secretary of state. >> former president george h.w. bush is still in the hospital. he may not be discharged until this
right, we'll shift rates, even not back to the bill clinton tax levels that the republicans say they don't want to go to, but even just back to somewhere close to that. >> but do you think, i mean, if we're talking, you know, preclinton levels, we're talking north of 39%. is there wiggle room between 35% and 39%? couldn't they just say, 37% is right in the middle, 37.5% is right in the middle. >> john boehner is used to cutting deals. he has a conference that doesn't let him do it. the tea party folk have stopped him again and again and again. he made statements in the past where he had to try to round them up very forceinally and not always with great success. enough trade bait out there. the president has been out there taxing dividend income. that's something that failed when the senate tried to do it and obviously trade bait and he didn't campaign on it and he doesn't feel strong about it. >> the escape is something a lot of folks are concerned about. >> he put it out there and it could be adjusted. once you get a range, you could strike it right down the middle. there's plenty to do
this the next economic bubble. in other news, senators to block any clinton's successor, the headline in the wall street journal, referring to susan rice going to capitol hill yesterday to meet with senators john mccain, lindsey graham, kelly ayotte. she will be back up there today to meet with other senators. the deadline from yesterday's meetings is that those three are still not satisfied. kelly ayotte says she will try to block the conversation of susan rice or another nominee to succeed the departing secretary of state clinton until more information is given on the benghazi attacks in libya. also, france to go in favor of bid.tinians's u.n. the french government said it would vote in favor of the palestinians ' bid of non- member status. how would you fix your school system? we have a couple minutes left. larry in jackson, mississippi, independent. caller: good morning. newly appointed superintendent, i met with yesterday. we have 30,000 students and 2000 are homeless. 70% of our schools in the city, i visited alternative schools where we had the bus driver and security guards ru
of confidence from president obama and secretary of state hillary clinton. the president called rice extraordinary during a cabinet meeting that she attended. clinton led a round of applause for rice, who is considered to be the front-runner to be nominated as clinton's successor, a point clinton later touched on during a news conference. >> susan rice has done a great job as our ambassador to the united nations and, of course, this decision about my successor is up to the president, but i'm very happy he has the opportunity with a second term to make a decision. >> but on capitol hill tennessee republican senator bob corker spoke with rice wednesday and later warned the president that the job of secretary of state is held at a higher standard than his other appointees. >>> elsewhere, later today, "time" magazine will release a provocative exclusive. the magazine calls egyptian president mohammed morsi the most important man in the middle east. president morsi tells "time" that although he's been in office only five months, he is promising a parliament and elections in the next comin
mind, you don't have to go back to the clinton era tax rates for this to be a workable deal. >> well, i think you do. >> all the way up? >> again, our proposal is to let those rates go back to clinton levels for 2% of the wealthiest americans. and combine that with tax reforms that limit deductions for the wealthiest americans. we think if you do that, alongside the spending savings, then you can put the country back on a much more responsible fiscal path. >> including getting rid of the mortgage interest deduction or the charitable giving deduction? do you think those have to be on the table and looked at? >> we have proposed -- and we did this four years ago -- a carefully designed way to limit modestly the value of all of those deductions for the wealthiest 2% of americans. there are other ways to do it. we can take a look at those ways. but there's no way you can do this in a balanced way that restores fiscal responsibility without tax rates going up. >> one of the things i've heard talking to republicans today is this notion that you want to take away congress' ability to have the
clinton's first campaign ad? i hope so. it's just another manic monday. it's "the cycle." >> i'm glad to see america's favorite nerd is back at the table. welcome, steve. i hope you feel better. >> that's nice about you. >> i wasn't talking about myself. 1823, silent films star harold lloyd gave us a thrilling moment in american history. here it is. ♪ >> there was no computer generated special effects back then. that was a literal cliff-hanger, and 90 years later it keeps you on the edge of your seat. the literal cliff-hanger is what we have in congress right now. there's little to no doubt we'll avoid doomsday, but for a while we hang over the aabyss in a daredevil stunt of our own making. this makes americans believe congress is a bunch of big, fat liars. when it comes to honesty, congress ranked so low they're second to used car salesmen. it's a fee even harold lloyd wouldn't attempt to pull off in exchange for an over climactic conclusion. today we debay tut the wheel of fortune style. we use it to determine how to refer to the debate. cliff, slope, fiesta or follies. today we g
possibility to succeed hillary clinton as secretary of state. that, of course, would result in him leaving his senate seat after all, which would mean there would be a temporary ae re placement appointed and then there would have to be another special election to fill the rest of his term where scott brown would be the republican nominee again. which would be the best chance of putting a republican in the senate any time soon. which is why republicans got so excited when john kerry's name was floated. his name was floated along with one other name for that job. republican senators were very, very quick to point out that they really prefer john kerry to be the nominee for secretary of state. a ringing endorsement for john kerry from republicans in washington. because if john kerry becomes secretary of state there's going to be a special election for a senate seat and there would be this chance that scott brown could be back in washington. so the republicans say emphatically and repeatedly and to any reporter that will listen, we prefer john kerry over susan rice for this job please. if john ker
francisco and president clinton and the clinton global initiative to transform the civic city into the first of its kind sustainable resource district. since then we have built 525 golden gate, our puc building, one of the greenest in north america and on track to receive lead platinum certification. yes. we have installed electric charging stations here at civic center. we have free wi-fi. we have installations at the urban gardens and led lights in the plaza and we continue to do even more. i am proud to announce here that we have applied for lead certification of eight of the existing buildings in the san francisco historic civic center district. [applause] that will represent more than 2.2 million square feet of civic real estate, including buildings such as city hall, the symphony, the library, the art museum and more. it's challenging to retrofit some of the buildings for energy efficiency and water conservation but we have done it. once lead certified the civic center retrofit strategies and technology can serve as a model to other cities and i would like to take this opportuni
a political point of view. when i have those same conversations with secretary clinton, i feel -- she's always supportive obviously of the president's agenda, but it's a different sense of transparency and directness and pointing out, you know, things we need to be thinking about, and i'm not saying that ambassador rice in that position couldn't end up being that way, but initially my sense of her is, and we had this very direct conversation yesterday for about 30 minutes, is i do -- i have always sensed her to be more of a political operative. i know she's steeped in policy and has spent lots of time in africa, and i don't take that away from her, but i do have some concerns. again, if she's nominated, i'm going to give her a full hearing, and i promise you it will be a fair, full hearing. >> i take you at your word, senator. it's great for you to come on. a very clear point of view you've given us. thank you for joining us on "hardball." yesterday i spoke with senator susan collins who also had concerns about ambassador rice. >> it's obvious she chose to emphasize some aspects and downplay o
california and our entire state, we join president barack obama, secretary of state hillary rodham clinton, democratic leader nancy pelosi and expensive network of people in saluting ambassador chris stevens who will be remembered for his strong sense of dignity, his humility and his generous service to others. he will be truly missed by all who loved him and by all he served throughout the magnitude of his life's work. thank you for this honor. [applause] >>> members of christopher stevens family, ladies and gentlemen, let me first thank chris stevens' brothers and sisters for their warm and delightful insights into what he was really like. thank you so much. that was fantastic what you did for us. christopher stevens was obviously an extraordinary human being and contributor. every year at stanford we have a group of what we call national security fellows come. they were roughly army, navy, air force, state department. a couple weeks ago we had a meeting and the first person i called on was an army colonel. i said where were you last? he said in libya. i said did you know christopher ste
at an event. we will play you the exchange. >>> it's the hillary clinton tribute video creating a lot of political buzz today. >> you've been one of the best secretaries of state in american history. finally, hillary, a lot has been said about our relationship, and here's what i know. you haven't been just one of my closest partners but a great friend. >> you can join our conversation on twitter. find us @tamronhall a anand and @newsnation. ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. reminds
a clue. number two, as bill clinton and president obama point out, the math doesn't add up when you're trying to do this just on deductions. you need to do both deductions and loopholes and, of course, raise the rate. that's the only way the math works. and as far as hurt the economy, let me say for the 10,000th time, bill clinton raised tax rates on the top 2% in 1993 and we then proceeded to grow the economy by 23 million jobs. so, that's a bunch of bull, speaker boehner. >> let's go back to aée4 with the same question. i will argue that even though he hasn't specified the deductions or the loopholes he's going to close, the governor is right, there isn't enough at the top to close to make up for this advantage they have now but it seems he's accepting the moral argument. he's saying, the rich should get socked, too. that was an amazing admission for him to say to that. your thoughts. >> i agree with you. the fact that john boehner is out there saying we are asking the rich to pay more in taxes is not something they ever would have done in 2011. if you remember, math by details
about it all the clinton era tax breaks come back. do you remember the clinton era 3.8 unemployment, not bad. job creators were paying more in taxes. good ol' days, i think. republicans say bad 'ol days because they never supported the clinton era tax breaks. that's the reality. we would have time to put in place target relief for middle income teams who need it. and republicans would be freed from this pledge with grover norquist. no longer would they be voting to increase taxes. we would be giving them limited opportunities to vote to cut taxes for middle income, working families and others who need it and deserve it. unfortunately, they wouldn't get the vote on restoring the bush-era rates for millionaires and billionaires for a total of dividends down to 15% or even back to the capital gains rates of clinton era or maybe back to the reagan era. we could talk about significant revenues that would not impact or hurt 98% of the people in this country. >> eliot: i think your logic is impeccable. i'm one of those saying for a long time let them expire. our hand only gets stronger as
-- hillary clinton is on her way out. we look at her time at state. first, are clinton's former senate colleagues willing to use the nuclear option? if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >> bret: senate majority leader harry reid has his finger on the nuclear button. not actual one but the so-called nuclear option. n the chamber that builds itself as the world's greatest deliberative body. correspondent doug mckelway has details from capitol hill. >> reporter: the cold war never got this hot. the threat of a retaliatory attack, mutually assured destruction made it unthinkable. in the senate, the unthinkable metaphor call nuclear option may happen when majority leader harry reid convenes a congress in january. provoking a stern threat of retailiation from the minority. >> are y
to the clinton tax rates. the current rates are expected to expire on new year's eve, all of them, and congressman cole has decided it's time to face reality. >> these tax rates are going up automatically unless congress acts. to save as many of them as possible. >> the newest republican defector from grover norquist's pledge has instantly become as good a sales man for higher top tax rates as any democrat. >> right now, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody's. even the wealthiest americans would still get a tax cut on the first $250,000 of their income. it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republic
're a long away from that. let's just look at earned taxes, lower than they were under president clinton put in place ten years ago. and all president obama is saying let's go from 35% to the top earners, to 39.6%, same as it was under president clinton, the economy did well. it is more than just a drop in the bucket. just raising rates on people making over 250,000, would be a trillion deficit -- >> a trillion dollars, henry, is nothing to be sniffed at. some urged the party to extend the bush-era tax cuts, for the households that earn less than $250,000, to insure the taxes don't go up. who cares anyway? >> sure, there is a point in there. i might dispute the numbers. i would argue as the members of my party, i would argue that we have a spending problem. as opposed to a revenue problem. to my friend steve's remark, about the clinton tax rates, that sounds great to go back to 39%. and yes, that was a time of balanced budgets. but actually, those balanced budgets bear little resemblance to the tax rates. in the clinton years, in the latter clinton years, one, we were in peace time. and two,
is that look, what's wrong with us going back to quite frankly the rate under bill clinton? you remember the clinton years? the largest economic expansion in our history? everyone's boat rising, everyone paying their fair share, deficit reduction, the middle class growing. the problem with what republicans want to do right now, wolf, is they want to lock in this tax rate that you have to sort of address the tax rate. we cannot have a tax rate locked in where they starve the government so that the middle class has to sort of pay more of the share for the burden of government, and you know what, we end up cutting away those programs, those things that help grow opportunity for the middle class. the number one problem with our country right now is sort of the shrinking and burden on the middle class. if we want to sort of expand the middle class and grow the middle class, the last thing we can do is sort of put more of that burden on them as opposed to asking the wealthy people to pay their fair share, like what they paid in the clinton administration. >> okay, cornel, let me say this. >> m
and really talk, you can get a lot done. but i always remind people, clinton had been governor. as governor, he had spent years negotiating with legislatures. so when we took control of the congress, we sort of got the dance. he and i spent i think 35 days face to face. it wasn't that my staff will meet with your staff and eventually, we will have a brief phone call. that's nonsense. you have to be in a room. have you to listen to each other. >> so, where's president obama today? well, he was not in washington. he was at a toy factory in pennsylvania. to many, he seems to be back on the campaign trail, campaigning for fiscal ideas. governor palin, speaker gingrich, who has battled with president clinton, said you have to sit down face to face. this is being outsourced. how should this be resolved? how woo do we get the parties to talk? >> speaker gingrich knew than as he does now, the house of representatives holds the purrs string, they can unfund many of the things that are a result of obama's failed socialist policies when it comes to our fiscal situation. peeker gingrich knows, they don
to sit and really talk, -- i always remind people, clinton had been governor, he years negotiating with legislatures. when we took control of the congress, we sort of got the dance. he and i spent 35 days face-to-face, it wasn't this my staff will meet with your staff and we'll have a brief call. nonsense. you have to be in a room. you have to listen to each other. >> greta: where is president obama today? he was not in washington. he was at a toy factory in pennsylvania. to many he seems to be back on the campaign trail, campaigning for his fiscal ideas. governor palin, speaker gingrich who has battled with president clinton on big issues says you have to sit down in the same room, this is being outsourced. how do we get these parties to talk? >> speaker gingrich knew then as he knows now, the house of representatives has great power because they hold the purse springs they can unfund many of the things that are the -- pursestrings they can unfund many of the things. speaker gingrich knows they don't have to concede and capitulate they can be at the table and exert the authority t
's go from 35% to 39.6% the same as it was under president clinton the economy did very well and it is more than just a drop in the bucket. just raising rates on people making over $250,000 would be a trillion dollar over the next ten years. >> $1 trillion is not to be sniffed at. some broke with the leadership and urged his party to extend the tax cuts to ensure that their taxes don't go up. he has a point there. who cares. >> sure, there is a point in there, i might dispute the numbers. i would argue, as the members of my party, that we have a spending problem as opposed to a revenue problem to my friend steve's remark about the clinton tax rates that sounds great to go back to 39%. but, actually, those budgets bear little resemblance to the tax rates. remember, in the latter clinton years, we were roughly at peace time and two, they had been a capital gains tax cut as part of the 1996 tax package. there happened to be a small thing at that time called a technology boom that it led to a bubble. and there were tax revenues there. pointing to a marginal tax ra rate -- >> ther
erratically, and licking the bars of his cell. >>> secretary of state hillary clinton is in the czech republic where she is trying to convince leaders to choose u.s. company westinghouse over a russian rival for a $10 billion nuclear reactor project. >>> 88-year-old former president george h.w. bush remains at a houston hospital in stable condition. four days after being admitted for a lingering cough related to bronchitis. >>> authorities in japan have confirmed at least nine deaths in sunday's highway tunnel collapse outside of tokyo. >>> old south church in boston plans to auction off a copy of a rare hymn book published in 1640 worth between $10 million and $20 million. >>> finally, some strange news out of north korea to tell you about where state media is reporting the discovery of an ancient unicorn layer. how do they know? archaeologists claim that they have found an ancient rock that contains the words "unicorn layer." of course. >>> and now here is your first look at this morning's dish of "scrambled politics." actress meryl streep and secretary of state hillary clinton were having w
of state hillary clinton's next move. she could become america's next great mayor? >>> and also, new psychiatric manual defines binge eating as a mental illness. we'll bring ut details. first, let's get the news live at 5:30 a.m. by our partially deaf news anchor here. >> with 27 days to go for negotiating until a year end deadline, the white house is wasting no time rejecting the republicans' fiscal cliff counter offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same offer he drew up last year. >> i think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning t
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